Monday, December 12, 2011

What's the difference between the current balance and the available balance on credit card?

current balance what you have chaged since the last billing period





abalable balace -- how much more you can charge before you hit your limit!!!!|||The current balance is what you owe. The available balance is how much credit you have left to spend. For example, it your CC statement says you have a $300 current balance and a $700 available balance it means you owe $300, and you have $700 left worht of credit to spend.|||The current balance is what you have on your card. The available balance is the amount you can use. For example if you have a $1000 limit and your current balance is $500 and your available balance is $200 this means that you may have purchased something for $300 but it hasn't come out of your account yet

No comments:

Post a Comment